Rotork (LON:ROR) Sets New 12-Month Low – What’s Next?

Rotork plc (LON:ROR)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 286.40 and last traded at GBX 288.60, with a volume of 910768 shares. The stock had previously closed at GBX 290.20.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 400 target price on shares of Rotork in a research report on Tuesday, May 5th. Shore Capital Group upgraded shares of Rotork to a “hold” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. raised their price objective on Rotork from GBX 390 to GBX 405 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 405.

Rotork Stock Down 0.9%

The firm has a 50 day simple moving average of GBX 304.75 and a two-hundred day simple moving average of GBX 328.52. The company has a market capitalization of £2.34 billion, a PE ratio of 20.99, a P/E/G ratio of 2.48 and a beta of 0.98. The company has a current ratio of 2.50, a quick ratio of 2.16 and a debt-to-equity ratio of 7.69.

Insider Buying and Selling at Rotork

In related news, insider Kiet Huynh purchased 49 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of £150.05 per share, with a total value of £7,352.45. Insiders acquired 149 shares of company stock worth $765,137 over the last three months. 0.35% of the stock is owned by company insiders.

Rotork Company Profile

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.